#satoshi

Twetch ·

#satoshi

Replies

Twetch ·

'Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.' -Satoshi

Twetch ·

Quote from: laszlo on June 21, 2010, 01:54:29 PM
I wonder though, is there a point where the difficulty of generating a new coinbase is so high that it would make more sense to try to recover keys for lost coins or steal other people's coins instead?

Twetch ·

The difficulty of that is really high so for now it makes a lot more sense to generate but I just wonder what the real figures are.. would that ever become more productive?

Twetch ·

Maybe Satoshi can address this..'

satoshi:
"Computers have to get about 2^200 times faster before that starts to be a problem. Someone with lots of compute power could make more money by generating than by trying to steal."

Twetch ·

What Craig Wright lacks ( see: hashwar ), is compute power.